7K is extreme, but honestly I don't think $4,000 is out of line. If I were a gigging bassist, I'd be considering it at 4K.

Have you seen how much a Fodera bass runs? The deposit for one is $1000, and won't cover 25% of even the most basic model.

These are world class professional level instruments we're talking about here. (Ignoring the QC issues of USM, of course. Truly unacceptable is the cheap hardware/electronics they used, especially switches)